Firearms x Culture
Bear Creek Arsenal has entered the ammunition space with the release of its new 5.56 NATO 55-grain Full Metal Jacket Boat Tail rounds, manufactured in Sanford, North Carolina.
On Monday, CSG offered to increase the purchase price and amend the merger price to $2.15 billion for the sale of Vista Outdoor’s ammunition business. This business includes names such as Federal, Speer, and Remington.
In October of last year, Vista Outdoor announced that it would be selling its ammunition companies to Czechoslovak Group (CSG) in a deal worth $1.91 billion. In that blockbuster deal, CSG would acquire the ammo brands of Federal, Speer, CCI, Hevi-Shot, and Remington. Two weeks ago, Vista Outdoor’s board negotiated an amendment to the merger agreement with CSG.
Recently, the United States Special Operations Command awarded Speer Ammunition a three-year ammo contract. Speer is set to supply up to a maximum of 8.5 million rounds of their Gold Dot G2 ammunition, which was the highest-performing ammunition in the FBI’s testing protocol.
In a stunning deal, American outdoor conglomerate Vista Outdoor sold its ammunition companies to the privately owned CZ Group in a deal worth $1.91 billion. In the staggering deal, CZ group will be acquiring four factories and four consumer brands, which are Federal, Speer, CCI, Hevi-Shot, and Remington. Vista Outdoor is restructuring the company and shedding its shooting sports businesses. The morning for Vista was already turbulent on the NYSE when the company announced a cut in its sales forecast for the entire year; shares tumbled about 20%.
Recently, the U.S. Department Of Defense awarded Saab an ammunition contract for AT4 anti-armor systems and Carl Gustaf Multi-purpose Anti-armor Anti-personnel Weapon System, also known as MAAWS. The new contract is worth $105 million. U.S. Army Special Forces and U.S. Marine Corps use these weapon systems and ammunition.
Ever since its inception, True Velocity that has been on the razor’s edge of innovation when it comes down to ammunition. The company uses composite-cased ammo instead of the traditional brass casing. This ammunition was designed as a part of the Lone Star Future Weapons and True Velocity’s submission to the U.S. Army’s NGSW program with RM 277. The Army wanted lighter, more potent ammo to withstand the elements better than brass.
In 2019, Winchester Ammunition introduced the 350 Legend cartridge. The 350 Legend was a straight wall cartridge designed for hunting medium to larger game animals. In February, SAMMI accepted the 400 Legend cartridge, but no ammo manufacturer had announced its production plans for the round. Winchester is proud to announce the release of their 400 Legend ammunition.
Fiocchi is introducing a new series of ammunition designed for big game animals. Fiocchi is proud to release its new Knock Down series of ammunition. The new ammunition features an all copper design with a polymer black tip and will be available in a wide range of calibers.
Recently, Fiocchi announced a plan for a new primer facility and to expand its operations in the state of Arkansas. In this planned expansion Fiocchi looks to build a new 281-acre site in the Port of Little Rock.
